The National Student Financial Aid Scheme (NSFAS) has disbursed over R7 billion to support students in the 2026 academic year.
Universities received R3.56 billion on 2 February and R2.82 billion on 2 March for tuition, allowances, and accommodation, while TVET colleges received R679 million in February and a further R591 million later in the month to cover student allowances and housing.
Funding has been approved for 692,704 first-time entering students and 550,959 continuing students. Registration data shows that 174,962 TVET students and 54,280 university students are now on record, enabling efficient processing of funds.
Dr Mugwena Maluleke, chairperson of NSFAS, urged students to submit all required documentation and signed leases to avoid delays.
“Students who have not yet submitted their leases or supporting documents should do so promptly to avoid delays in funding and accommodation allocation,” he said.
However, concerns have been raised about the safety and governance of student housing. The Organisation Undoing Tax Abuse (OUTA) says its two-year investigation uncovered serious weaknesses, including governance failures, accreditation flaws, and potential corruption.
Some properties listed as housing hundreds of students appear to be ordinary private homes.
“Our investigation highlights that urgent reforms and audits are needed to ensure students have safe housing and that taxpayer money is properly used,” said OUTA’s Rachel Fischer.
“NSFAS aims to ensure students can start their academic year without financial barriers,” Maluleke added.
Photo: Screenshot
